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FINTECHS: HOW TO IMPROVE USER SATISFACTION AND FRAUD PREVENTION


The Twitter vs. Elon Musk issue should serve as a lesson to any company built on user numbers: quantity does not equate to quality. Banks and FinTechs must now switch from a growth-focused strategy to one that caters to the demands of its key demographics and fosters loyalty in order to become profitable, powerful, and

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WILL AN ECONOMIC RECESSION AFFECT THE FINANCIAL INDUSTRY?


Financial services, like many other aspects of the global economy, have been profoundly influenced by the pandemic and the war happening in Ukraine. Since then, FinTechs had to learn how to lead the financial services sector in a period of severe challenges. FinTech has been a key booster of digital payments as consumers have quickly

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HOW A MONEY INSURANCE PLAN CAN PROTECT YOUR CASH?


Insurance products cover all facets of life, including your financial situation. Any business that deals with cash or cash equivalents such bank draughts, treasury notes, checks, postal orders, and money orders should consider purchasing a money insurance package. It offers protection against financial loss brought on by occurrences like theft, robbery, and break-ins. Money insurance

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TECHNOLOGIES SHAPING THE FUTURE OF FINTECH


Different technologies have been applied to meet the needs of the sector as FinTech becomes more widely adopted globally. Consumer expectations, governmental approvals, security upgrades, and rivalry are a few of them. The sophisticated technologies powering the ecosystem have improved in intelligence and adaptability. The categories of artificial intelligence (AI), cloud computing, blockchain, the internet

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5 INSURANCE TRENDS FOR STRONG BUSINESS


Insurers have accelerated their digitalization tremendously over the past two years. They now need to build on this to strengthen their offerings and relationships with existing customers while attracting new ones. 1. Personalization Is Essential In recent years, customers’ expectations for individualized experiences have dramatically increased. This also holds true for the insurance industry. Personalization,

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HOW VIRTUAL CARDS BOOST BUDGET CONTROL AND TRANSPARENCY


Whatever kind of business you run, your organization undoubtedly needs to make a lot of purchases and expenditures. Your employee will require a quick way to pay your suppliers and business partners for everything from business dinners to business travel. Virtual cards come into play in this situation. It is preferable to give your employees

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HOW CUSTOM FIELDS ENABLE EXTENSIBLE BANKING


One of the major benefits of a cloud-based core banking system is its inherent extensibility, or the ability to be adjusted by the user independently of external input and to support the addition of new features in real time. Although financial organizations in general prefer something that is ready to use right out of the

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HOW THE MONEY TRANSFER MARKET IS LIKELY TO EVOLVE?


Everyone depends on money to get through each day. Most individuals don’t question the system we use to exchange commodities, services, knowledge, labor, and other things for money. It might be simple to overlook how much the way in which money is used in society has changed over time. Today’s majority of those with bank

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5 WAYS EMBEDDED FINANCE IS CHANGING THE FINANCIAL SERVICES EXPERIENCE


Open APIs and fintech innovation could intersect when open banking first spread over the Asia Pacific and the rest of the world. As a result, the usage of APIs to integrate financial services into non-financial platforms quickly expanded, giving rise to embedded finance as it is known today—a crucial component of contemporary digital services. Nevertheless,

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WHAT IS FINTECH?


Fintech, a combination of the terms “financial” and “technology,” is the application of new technological advancements to products and services in the financial industry. Our guide will walk you through what fintech is and how it’s used. What Is Fintech? Fintech, a combination of the terms “financial” and “technology,” refers to businesses that use technology

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HOW TO BECOME A TAX PREPARER


Who is a Tax Preparer? An individual who prepares, computes, and submits income tax returns for both people and corporations is known as a tax preparer. There are many different types of tax preparers, some of which have certificates issued by outside organizations while others do not. You will get the finest tax outcomes if